FM on Inflation: Finance Minister comforts on inflation, government monitoring rising prices


Posted on 13th Jul 2022 01:49 pm by rohit kumar

Finance Minister Nirmala Sitharaman on Tuesday said that the government is taking steps where necessary by monitoring the price of each item separately, after the news of retail inflation in the country being continuously above.

 

Let us tell you that in the data released by the government on Tuesday, the retail inflation rate remains at 7.01 percent. Although it has registered a slight decline in comparison to May, it is still more than the RBI's level of relief by six percent. Earlier in May, the retail inflation rate was recorded at 7.04 percent.

 

Talking to reporters on Tuesday, the Finance Minister said that as the RBI has predicted, by the beginning of the second half of the current financial year, both the Reserve Bank and the government need to be careful. Let us tell you that the financial year of India is from April to March and its second half will start in October.

 

The Finance Minister has said that we need to be careful about the price rise. He has said that the government is keeping an eye on the increase in the price of every item which is becoming expensive, where it is needed, we are taking steps.

 

During this, the Finance Minister has also said that if the monsoon is favorable, then it will lead to good production and demand will increase in rural areas.

 

Also Read: Insurance companies: Insurance companies bother senior citizens more, revealed in the survey

1 Like 0 Dislike
Previous news Next news
Other news

Lashkar-Jaish terrorists growing up in Pakistan itself: US report claims - plotting against India

Bankrupt Pakistan is not desisting from giving shelter to terrorism. According to the report of A

Mamata Banerjee: 'A blot on womanhood...', what did the BJP say on Mamata Banerjee's statement in the Durgapur MBBS student rape case?

The rape of a medical student in Durgapur, West Bengal, is constantly in the news. Yesterday, Chi

Testing at the airport, 15 labs ready; Government told the plan to deal with monkeypox

Monkeypox has also knocked in the country amid the threat of Corona. So far, 4 cases of monkeypox

Secret Invasion Review: New enemy from 'Marvel's past, Nick Fury sets out to fight a dangerous war without Avengers

The Marvel Cinematic Universe is a world of its own, ranging from superheroes to creatures and ci

New shelter for the homeless due to the earthquake in Turkey…Luxury cruise ship: daycare for children in the luxury lounge…1000 refugees in 400 rooms

Have you ever thought of vacationing on a cruise ship? Most of India's population can dream of sp

Insurance companies: Insurance companies bother senior citizens more, revealed in the survey

Senior citizens in the country have to struggle a lot in getting an insurance claim. It has been

Weather Update Today: Due to snowfall in the mountains, the cold increased in North India, know the condition of the weather from Delhi to UP

The effect of snowfall in the hilly states is now gradually visible in entire North India and the

Grammy Awards 2024: Zakir Hussain created history, and won 3 awards together, Shankar Mahadevan also became a Grammy winner

The Grammy Awards hold the highest status in the world of music. This year the event is being hel

Inflation: Claim- There may be recession in the whole world next year, crude oil may be $ 45 per barrel

There is a possibility of recession all over the world next year. A third of those surveyed by Ru

Pakistan: Pressure is being created on the members of the joint investigation team for the findings of the attack: Imran Khan

Former Pakistan Prime Minister Imran Khan on Tuesday said that the members of the Joint Investiga

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash